First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Stake Boosted by Fortis Advisors LLC

Fortis Advisors LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 8.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,621 shares of the company’s stock after acquiring an additional 4,169 shares during the period. First Trust RBA American Industrial Renaissance ETF accounts for 2.7% of Fortis Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Fortis Advisors LLC owned 0.14% of First Trust RBA American Industrial Renaissance ETF worth $4,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AIRR. Morse Asset Management Inc bought a new stake in First Trust RBA American Industrial Renaissance ETF in the third quarter worth $25,000. Farther Finance Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $26,000. Carolinas Wealth Consulting LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth $29,000. Howe & Rusling Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $40,000. Finally, Legacy Investment Solutions LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth $118,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $77.34 on Tuesday. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $53.29 and a fifty-two week high of $86.95. The firm has a fifty day moving average price of $81.42 and a two-hundred day moving average price of $75.36.

First Trust RBA American Industrial Renaissance ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.0561 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust RBA American Industrial Renaissance ETF

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.